Archive for June, 2010

Stock Tips And Market Updates For Today



News Bits To Watch out  for

  1. JSPL to bid for 60% stake in Zimbabwe steel firm Zisco
  2. RIL reconnects with telecom after 5 years
  3. FIIs net bought Rs 1348 crore in F&O on Friday
  4. Air India to get Rs 1,200-cr equity
  5. HUL board approves share buyback

 

BUY RIIL
Above 765             
Target 795-820                 
Stoploss 758

Buy        BANK OF INDIA
Targets 340 355 370 385                                
WITH SL 310

Buy        BOB BANK
Targets 750 765 780 800                                
WITH SL 730

Buy        AXIS BANK
Targets                 1250 1300                           
WITH SL 1165

Buy        CANARA BANK
Targets 425 435 445 455                                
WITH SL 405

Buy        HDFC BANK       
Target 1900 1950 2000                   
WITH SL 1820

Buy        HINDALCO         
Target 135 140 145 150                  
WITH SL 125

Buy        ICICI BANK         
Targets 850 865 880 895                                
WITH SL 800

Buy        PATNI  
Targets 595 610 625 640                                
WITH SL 570

Buy        SBI BANK
Targets 2340 2450                           
WITH SL 2190

Buy        LIC HUS
Targets 960 975 990                        
WITH SL 945

Buy        BANK NIFTY
Targets 9350 9550 9750                 
WITH SL 8900

Buy        INFOSYS
Targets 2700 2825                           
WITH SL 2580

Buy        ABIRNOVO
Targets 750 765 780                        
WITH SL 720

Buy        ULTRATECH
Targets 950 965 980 995
WITH SL 900

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Monday, June 14th, 2010 Intraday Calls No Comments

Stock Calls/Market Tips For Today

Nifty Outlook & Analysis
Nifty Resistance
5110, 5125, 5135, 5150, 5165, 5185, 5200, 5220 
Nifty support
5070, 5060, 5045, 5025, 4995.
If Nifty remains above 5125-5135 zone, it will try to touch further higher levels. 
Above 5135 next major resistance will be faced at 5165-5185 zone. 
If nifty fails to touch or move above this zone, again Nifty will give up its gains and fall to lower levels.

 

Intraday Stock Tips

RELIANCE  CAPITAL
Buy this stock above 690
Targets of 696, 703, 709
Stop Loss at 682.

TATA MOTORS
Buy this stock above 764
Targets of 770, 775, 780
Stop Loss at 756.

SESAGOA
Above 355  
Target 364-375  
Stoploss  350

CenturyTxt
Buy Below 450
Target 465
Stoploss 435
(Very short term delivery call)

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India Motor Parts and Accessories Limited Reports Audited Earnings Results for the Fourth Quarter and FY09

India Motor Parts and Accessories Limited which also makes good car spoiler for Indian Cars reported audited earnings results for the fourth quarter and year ended March 31, 2010. For the quarter, the company reported net profit of INR 75.8 million or INR 18.22 per basic and diluted share on total income of INR 936.0 million compared to net profit of INR 54.6 million or INR 13.13 per basic and diluted share on total income of INR 736 million for the same quarter last year. The company reported profit from ordinary activities before tax of INR 108.5 million compared to INR 78.9 million for the same quarter last year.

For the year, the company which claims to be manufacturing best car spoiler in Indian market reported net profit of INR 246.7 million or INR 59.31 per basic and diluted share on total income of INR 3,592.6 million compared to net profit of INR 173.8 million or INR 41.77 per basic and diluted share on total income of INR 3,014.9 million for the last year. The company reported profit from ordinary activities before tax of INR 360.9 million compared to INR 253.1 million for the last year.

 

Market Cap 215.06
EPS (TTM) 59.31
P/E 8.72
P/C 8.45
Book Value 292.36
Price/Book 1.77
Div(%) 120.00%
Div Yield(%) 2.32
Market Lot 1.00
Face Value 10.00
Industry P/E 148.35

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Thursday, June 10th, 2010 Business & Economy No Comments

Twitter @stockcallsindia

 

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